Lease Equity Appoints New Associate Director

Jul 9th, 2007

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Lease Equity has added another Director to its management team.  Adam Musbah has been appointed an Associate Director – Portfolio Leasing.

Adam has been responsible for leasing various strip properties and Shopping Centre developments over the last four years at Lease Equity.  Most notably he has leased both Secret Harbour and Southern River Shopping Centres from conception to development in the last 24 months, with outstanding results being achieved.

He has transacted over 200 retail leasing deals, and been responsible for a number of high profile off market sales transactions, the most recent being a shopping centre selling at a yield of 4%.

Managing Director, Jim Tsagalis, said “Adam’s appointment is testimony to his dedication and hard work which has resulted in him achieving outstanding results.  His portfolio enjoys less than a 3% vacancy rate, which is exceptional.”

“Adam’s appointment formalises him joining the leadership team at Lease Equity, however, he has been a leader within our organisation for some time.” Mr Tsagalis concluded.

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